Tirupur: The task operating power loom devices’ homeowners have suggested the central and state governments to waive off their bank loans as the governments had failed to ensure that the suitable weaving charges reached them.
Ironically, even now, many of the grasp weavers (textile producers) had been offering the weaving charges that have been mounted as consistent with a common contract signed in 2011 between them and the task operating devices. While two rounds of talks held between each the events, ahead of labour department government, failed, the task operating unit homeowners are apprehensive that the banks concerned had been striking drive/taking stringent action towards mortgage defaulters.
As part of their protest, greater than 400 task operating unit homeowners took part in a mass petition submitting stir at Tirupur district collectorate on Monday. According to the affiliation, collector Okay S Palanisamy confident them that he will suggest the banks to not pressurize the mortgage defaulters a minimum of for next three months.
More than two lakh task operating power loom devices had been in the operation in Tirupur and Coimbatore, especially distributed in Somanur, Thekkalur and Palladam spaces. The grasp weavers would provide yarns to the task operating devices and supply weaving charges consistent with metre to them. The charges would range in accordance with the varieties.
Every three years, the grasp weavers and the task operating devices must enter into a contract on weaving charges. After the contract used to be signed ahead of the federal government government in 2011, the grasp weavers supplied the costs as consistent with the contract however later they started decreasing the costs claiming that cloth marketplace were hit. It took a number of struggles to bring at the contract in 2014 as the grasp weavers were not at ready to just accept it, said S Prakash, a functionary of Tirupur district Job Working Power loom Unit Owners’ Association.
“But the grasp weavers adopted the costs as consistent with 2014 contract most effective up to three months and once more returned to 2011 contract charges mentioning so-called cloth marketplace droop. Still now, the same charges got amid sturdy value inflation. As consistent with the customized, the brand new contract must were signed in 2017 however now not completed,” he added.
“We had been working the devices with wafer thin profits, which might ceaselessly change into unreal as we need to spend from hands. If so, the loans obtained from the banks and personal cash lenders had been taking a huge toll on us. Many homeowners had been being compelled to dedicate suicide as a result of the load of loans,” said Okay Eswari, an influence loom unit owner from Karuvalur, whose close relative took such excessive step in 2015.
R Devathammal, the mum of the deceased Murugesan, advised TOI: “The unit of her son used to be regularly incurring loss, principally because of the insufficient weaving charges given. With Rs 18 lakh mortgage default in a nationalized bank, Murugesan succeeded in suicide bid in 3rd strive. Now, her family used to be struggling to avoid wasting a two-acre assets from being auctioned through the bank, for better future of his two children.”
T Suresh Kumar, every other unit owner said “If the suitable weaving charges had been being paid, we should not have been in the place the place struggling to pay off the banks loans.”
It used to be now not just Murugesan, many owners had been in the same place. Even one and a half months ago, Sampath, an owner, attempted suicide in Palladam, said the resources.
So, the task operating devices affiliation has suggested the central and state government to waive off the bank loans obtained through the unit homeowners. In Tirupur district alone, the total loans would come around Rs 70 crore. And importantly, a minimum of this yr, a brand new contract must be signed through increasing weaving charges, with out which they cannot live to tell the tale, said the petitioners.
When contacted, S Sundaramoorthi, lead bank supervisor, Tirupur district advised TOI: “They will write to the controlling offices of the respective banks and they will try to get them a cheap time to pay off the loans.”
Ironically, even now, many of the grasp weavers (textile producers) had been offering the weaving charges that have been mounted as consistent with a common contract signed in 2011 between them and the task operating devices. While two rounds of talks held between each the events, ahead of labour department government, failed, the task operating unit homeowners are apprehensive that the banks concerned had been striking drive/taking stringent action towards mortgage defaulters.
As part of their protest, greater than 400 task operating unit homeowners took part in a mass petition submitting stir at Tirupur district collectorate on Monday. According to the affiliation, collector Okay S Palanisamy confident them that he will suggest the banks to not pressurize the mortgage defaulters a minimum of for next three months.
More than two lakh task operating power loom devices had been in the operation in Tirupur and Coimbatore, especially distributed in Somanur, Thekkalur and Palladam spaces. The grasp weavers would provide yarns to the task operating devices and supply weaving charges consistent with metre to them. The charges would range in accordance with the varieties.
Every three years, the grasp weavers and the task operating devices must enter into a contract on weaving charges. After the contract used to be signed ahead of the federal government government in 2011, the grasp weavers supplied the costs as consistent with the contract however later they started decreasing the costs claiming that cloth marketplace were hit. It took a number of struggles to bring at the contract in 2014 as the grasp weavers were not at ready to just accept it, said S Prakash, a functionary of Tirupur district Job Working Power loom Unit Owners’ Association.
“But the grasp weavers adopted the costs as consistent with 2014 contract most effective up to three months and once more returned to 2011 contract charges mentioning so-called cloth marketplace droop. Still now, the same charges got amid sturdy value inflation. As consistent with the customized, the brand new contract must were signed in 2017 however now not completed,” he added.
“We had been working the devices with wafer thin profits, which might ceaselessly change into unreal as we need to spend from hands. If so, the loans obtained from the banks and personal cash lenders had been taking a huge toll on us. Many homeowners had been being compelled to dedicate suicide as a result of the load of loans,” said Okay Eswari, an influence loom unit owner from Karuvalur, whose close relative took such excessive step in 2015.
R Devathammal, the mum of the deceased Murugesan, advised TOI: “The unit of her son used to be regularly incurring loss, principally because of the insufficient weaving charges given. With Rs 18 lakh mortgage default in a nationalized bank, Murugesan succeeded in suicide bid in 3rd strive. Now, her family used to be struggling to avoid wasting a two-acre assets from being auctioned through the bank, for better future of his two children.”
T Suresh Kumar, every other unit owner said “If the suitable weaving charges had been being paid, we should not have been in the place the place struggling to pay off the banks loans.”
It used to be now not just Murugesan, many owners had been in the same place. Even one and a half months ago, Sampath, an owner, attempted suicide in Palladam, said the resources.
So, the task operating devices affiliation has suggested the central and state government to waive off the bank loans obtained through the unit homeowners. In Tirupur district alone, the total loans would come around Rs 70 crore. And importantly, a minimum of this yr, a brand new contract must be signed through increasing weaving charges, with out which they cannot live to tell the tale, said the petitioners.
When contacted, S Sundaramoorthi, lead bank supervisor, Tirupur district advised TOI: “They will write to the controlling offices of the respective banks and they will try to get them a cheap time to pay off the loans.”
Waive off bank loans, ensure new contract for weaving charges: Power loom units
![Waive off bank loans, ensure new contract for weaving charges: Power loom units]()
Reviewed by Kailash
on
April 03, 2018
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